Hxro USD Price & Performance (HXROUSD)

The cryptocurrency market experienced a sharp downturn following the implementation of tariffs by President Donald Trump on imports from Canada, Mexico, and China. XRP led the decline, dropping 16% to $2.32 as $58 million in futures were liquidated. Bitcoin and Ether also saw double-digit losses, reflecting a broader market sell-off.12

XRP gained 7% overnight amid optimism surrounding ETF filings in the U.S. and Brazil. Regulatory approval for these ETFs could offer institutional investors a new entry point into XRP. However, the cryptocurrency faces resistance at $3, with technical indicators showing signs of slowing momentum.34

President Trump’s Strategic Bitcoin Reserve announcement disappointed XRP enthusiasts as the token was excluded. Bitcoin rebounded 4% after initial losses, trading near $88,982. Meanwhile, XRP showed resilience, with traders favoring bullish options, signaling potential long-term confidence in the asset.56